China's water resources management strategy, which emphasizes water conservation, offers a potent solution to global water-related challenges, said Li Guoying, China's Minister of Water Resources, at the 10th World Water Forum in Bali, Indonesia, on Monday.

Addressing the Opening and Leaders' Meeting at the forum themed "Water for Shared Prosperity," Li outlined the four major water challenges facing the world: disasters, shortages and stresses, ecosystem degradation, and environmental damage.

In response to these pressing needs, President Xi Jinping proposed an innovative philosophy on water governance in 2014, Li said. This philosophy focuses on "prioritizing water conservation, balancing spatial distribution, adopting systematic approaches, and leveraging the roles of both government and market."

Under this guidance, China has made significant strides in water management. Despite doubling its GDP over the past decade, China maintained stable total water consumption through stringent water conservation policies, Li noted. Additionally, the country developed an efficient water network that has bolstered water supply capabilities and enhanced water security.

China's holistic approach to conservation and systematic governance — encompassing mountains, rivers, forests, farmlands, lakes, grasslands, and deserts — has rejuvenated many rivers, safeguarded lives and property, and minimized flood and drought losses.

Li emphasized that addressing water security and promoting shared prosperity are critical global tasks. He proposed that countries adopt President Xi's water governance philosophy to tackle water-related challenges and achieve harmonious coexistence with water.

Li highlighted the importance of prioritizing people's livelihoods by addressing the water challenges that impact them most, thereby enhancing their prosperity, contentment, and security. He also called for international cooperation in flood control, water and food security, and ecological safety to improve global water governance.

"Together with the international community, we are ready to sustain efforts to advance water governance and build a community of shared future for mankind," Li said.

The forum runs from Saturday to May 25.